A new study released today and conducted by academic researchers at Wellesley College and Carnegie Mellon University found a causal relationship between the shutdown of one of the largest sources of illegal downloads, Megaupload, and an increase in online movie sales and rentals. At its peak, the website Megaupload.com boasted... Read more
Since its launch in 2005, Megaupload has allegedly allowed users to download stolen work for free, generating millions of dollars in profits from ad revenue and subscription fees. It was a business model whose success depended on the pirated property of others. Before it was shut down through an international... Read more